Estimation Methods Are Also Referred to as

question 29

Multiple Choice

Estimation methods are also referred to as

• A)prediction methods.
• B)clustering methods.
• C)association methods.
• D)supervised methods.

---

Definitions:

Production Possibility

An economic model that shows the maximum combination of goods or services that can be produced with a given set of resources.

Current State

The present condition or situation of a system, process, or subject of study.

Technology

The use of scientific understanding for functional aims, particularly within the industrial sector.

Motorcycles

Two-wheeled vehicles powered by an engine, designed for individual or small number passenger transport.